Ridgeline Wealth LLC Buys Shares of 2,298 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Ridgeline Wealth LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,298 shares of the company’s stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVW. River Street Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 17.5% during the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock worth $956,000 after purchasing an additional 1,483 shares in the last quarter. Choreo LLC lifted its stake in iShares S&P 500 Growth ETF by 13.8% during the 2nd quarter. Choreo LLC now owns 506,741 shares of the company’s stock worth $47,239,000 after acquiring an additional 61,420 shares in the last quarter. MainStreet Investment Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 21.2% during the 2nd quarter. MainStreet Investment Advisors LLC now owns 5,037 shares of the company’s stock worth $466,000 after acquiring an additional 880 shares in the last quarter. First Foundation Advisors boosted its holdings in iShares S&P 500 Growth ETF by 11.9% during the 2nd quarter. First Foundation Advisors now owns 15,503 shares of the company’s stock valued at $1,435,000 after acquiring an additional 1,650 shares during the period. Finally, NewEdge Advisors LLC grew its position in iShares S&P 500 Growth ETF by 87.6% in the 2nd quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after acquiring an additional 693,848 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.0 %

NYSEARCA:IVW traded up $1.08 on Monday, reaching $104.35. 1,701,695 shares of the company’s stock were exchanged, compared to its average volume of 2,181,981. The business has a fifty day moving average of $101.26 and a 200-day moving average of $96.06. iShares S&P 500 Growth ETF has a 52-week low of $73.19 and a 52-week high of $105.64. The firm has a market capitalization of $54.67 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.